G-bond auction raises 5.2 trillion VND for State Treasury
The Hanoi Stock Exchange raised 5.2 trillion VND (more than 229.2 million USD) by selling Government bonds issued by the State Treasury of Vietnam at an auction on May 17.
Hanoi (VNA) – The Hanoi Stock Exchange raised 5.2trillion VND (more than 229.2 million USD) by selling Government bonds issuedby the State Treasury of Vietnam at an auction on May 17.
Government bonds with terms of five, seven, 10and 15 years were up for grabs.
While five-year bonds have an annual interestrate of 5.16 percent, seven-year bonds were auctioned at an interest rate of5.44 percent per annum.
The annual interest rates for 10- and 15-yearbonds were 5.97 percent and 6.7 percent, respectively.
Meanwhile, another 300 billion VND (13.2 millionUSD) was raised from a secondary auction of bonds in each term.
The State Treasury has raised about 91.64 trillionVND (4 billion USD) in Government bonds through auctions at the Hanoi StockExchange so far this year.-VNA
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A G-bond auction is monitored (Photo: VNA) 
